Anworth Mortgage Asset Corp. (ANH) to Release Earnings on Thursday
Anworth Mortgage Asset Corp. (NYSE:ANH) will be posting its Q313 quarterly earnings results on Thursday, October 24th. Analysts expect Anworth Mortgage Asset Corp. to post earnings of $0.12 per share and revenue of $25.01 million for the quarter.
Anworth Mortgage Asset Corp. (NYSE:ANH) last announced its earnings results on Monday, July 29th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.13 by $0.02. During the same quarter last year, the company posted $0.18 earnings per share. On average, analysts expect Anworth Mortgage Asset Corp. to post $0.55 EPS for the current fiscal year and $0.53 EPS for the next fiscal year.
Shares of Anworth Mortgage Asset Corp. (NYSE:ANH) traded up 0.10% during mid-day trading on Wednesday, hitting $5.055. 810,686 shares of the company’s stock traded hands. Anworth Mortgage Asset Corp. has a 1-year low of $4.32 and a 1-year high of $6.97. The stock has a 50-day moving average of $4.6 and a 200-day moving average of $5.53. The company has a market cap of $722.7 million and a P/E ratio of 8.40.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 29th. Stockholders of record on Thursday, October 10th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 9.50%. The ex-dividend date is Tuesday, October 8th.
A number of analysts have recently weighed in on ANH shares. Analysts at TheStreet downgraded shares of Anworth Mortgage Asset Corp. from a “hold” rating to a “sell” rating in a research note to investors on Friday, August 23rd. On the ratings front, analysts at Wunderlich cut their price target on shares of Anworth Mortgage Asset Corp. from $6.00 to $5.50 in a research note to investors on Friday, August 2nd. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of Anworth Mortgage Asset Corp. to $6.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $6.00.
Anworth Mortgage Asset Corporation (NYSE:ANH) is a real estate investment trust (REIT).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.